Close oil sell We will sell higher again
Now its the maximum profit for this wave
We will sell later just keep updated
GOOD LUCK
Oiltrading
US Oil is going down as we expected... about $80Hello guys
As we said in the recommendation 4 days before it @usoil is expected to go down, and it will continue to go down... Take advantage of this opportunity
...you won't lose after knowing me
USOIL : OIL ⛽️
STOP LOSE ⛔️ : 88
TP ✅ : 82
TP 2 ✅ : 77
Good luck
WTI crude OIL sell SHORTOil short
uprising wedge
chart rises up
Stop Loss under the HL narrow
LONG buy buy
Oil update Dont close your buy instead add more if it dips now
We bave a profit of 4$ from this morning
I expect 86-87 bullish in oil this days .
GOOD LUCK
Oil update Again close the sell , but buy gradually to 82 area , we might have a big green candle .
Its risky area to sell now .
I think this week as my previous weekly update will be a buy week .
GOOD LUCK
WTI CRUDE OIL POSSIBLE TO GO DOWN
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XTIUSD...BUY (3.88%)Entry: 84.900
TP: 88.000
SL: 83.620
Weekly TF: On the weekly TF, XTIUSD needs to bounce back and form a H&S...with Oil moving to $62.5 per barrel. According to my fibo mark; market entry at $89 has been in place...but NB: (market can move to that region for the second time before selling to $70.687 and $63.440 per barrel).
Daily TF: There's a possibility that, if a barrel of Oil breaks above $88.010 and ignores the weekly fibo entry at $89, the $97 dollar price per barrel would be achieved and hence a strong sell to $63 per barrel.
4H TF: Expecting a market correction on the triangle formed between 14th and 19th October. During the NY session on 19th October, there was a breakout on the 4H candle. This guides the market sentiment for a buy clause activaion to fill the spots in the triangle's formation.
2H TF: EMA 8 and 50, guides the 2H candle for a perfect entry at $84.930 for a bull run. XTIUSd is currently in the rejection zone after taking some demand around 483 per barrel (Yellow Box), we see a clear rejection at the demand zone as shown above.
1H TF: my execution on XTIUSD
Oil weekly update Oil formed a revised head and shoulders .
Also test the trend line .
That why i flipped from seller to buyer
Dollar played a major role for making it down in friday session .
Now we consider buy in Monday to test the 86$ as we predict if its fail we consider selling their .
GOOD LUCK
Crude Oil Targeting Another Run At 93.70After the initial impulse from the test towards 76.00 price has corrected and held the pivotal 81.68 equality objective, as such, look for a move back through 87.15 to encourage long exposure targeting a retest of prior cycle high at 93.70's
Oil update Buy oil to 86 $ and then we might sell again ill update you
Now its going up but closing the day may go down again
GOOD LUCK
US Oil (WTI Crude Oil) Analysis and trade IdeaA buy may be setting up.
The highlighted demand zone is expected to hold, as it caused a bullish break of market structure.
So we wait patiently for price to come to our buying zone, then look for bullish price action to confirm and valid entry.
USOIL - WTI Crude Oil - 1Y Chart ReviewToday you can review the technical analysis idea on a 1Y linear scale chart for WTI Crude Oil (USOIL).
The chart shows the price has been moving in a descending channel with the current year (2022) looking similar to 2008. Using the Fibonacci Retracement tool, I estimated the price reviewing the next 6 years showing similarities to the price from 2008-2014. It's important to keep in mind that MACD possible bullish cross may be coming next year as well as upward momentum in the Stochastic RSI. RSI also has room for growth. Prior to the price moving higher, I believe that the price will come down lower sometime next year before moving higher very quickly. This may fall in line with the "recession" and economic challenges the global economy is facing.
As always, this is a prediction with a great deal of possibilities to come as well as my opinions and knowledge included in the chart. Anything is likely at this point!
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
USOIL looking up 🦐USOIL on the 4h chart is trading within a descending channel.
After the recent low the market is retesting the previous support now turned resistance.
According to Plancrton's strategy IF the market will break the confluence area i will set a nice long order according to the Plancton strategy rules
-––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Oil update( emergancy)Cross our sell target
What if you sold the 85 , dont close the trade it will come back and then you can close it .
If you dont open trade we wait sometime waiting gives a clear vision and right trade .
THAT WHY I ALWAYS ASK TO TAKE PROFIT
the reason of green candle is some new , we have to watch how it act and then we open trade .
GOOD LUCK
Oil at red line We sell at red line like there is no tomorrow
Over sold in indicators
Over all the consolidation down is occur
GOOD LUCK
80$!! Oil yes Selling oil from 92 $
Now its 83
We continuo selling to 80$ area
The we might change to buyer ill inform when we reach
Keep on touch
GOOD LUCK
Oil sell We still in sell side
You can sell now or wait for 12 hours and sell again
Bearish daily indicators still occur
I prefer one sell from here another from red lineor below a little
GOOD LUCK
Long opportunity for CL Long opportunity for CL
Entry : 77.85
SL : 76.12
TP1 : 86.58
TP2 : 89.75
TP3 : 93.86
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Crude oil Short Term BearishThe idea here is about crude oil.
I am short term bearish on crude oil due to following observation.
1. Cypher harmonic pattern completed on daily chart.
The Cypher harmonic pattern is a technical analysis formation indicating a price-action reversal.
The Cypher pattern, which can be either bullish or bearish, has five points (X, A, B, C, and D) and four legs (XA, AB, BC, and CD). Like any other harmonic pattern, the theory behind the Cypher chart pattern is that there is a strong correlation between Fibonacci ratios and price movements.
The Cypher harmonic pattern has been historically proven to be a fairly reliable and accurate chart pattern. According to various studies, the pattern has an accuracy rate of around 70%.
2.Stochastic Oscillator
The intersection of two lines is considered to be a signal that a reversal may be in the works, as it indicates a large shift in momentum from day to day.
3.Bollinger Bands
20 day moving average, bands at 2 standard deviations
Looking at the lower band for profit target.
4.On-balance volume (OBV)
OBV shows crowd sentiment that can predict a bullish or bearish outcome.
OBV is on continuous decline.
Last but not least
5. MA 200 over 50 aka Death cross
02 September 2022.
The price was $95.23
Previous cross happened on
02 September 2020
MA 50 over 200 aka Golden cross
The price was $41.40
I am aware that it is little late for the analysis, but i feel there is more to come.
That's what they say "Something is better than nothing".
Looking forward...
The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment.
Do leave your valuable feedback & comments for any improvisations.
WINTER IS COMING - BRENT STABLE?This graph is a representation of my point of you of the futures market (USD).
Sell oil again Oil we sell again for 2 hours and take profit maybe before
Now sell
OIL WILL DUMP AGAIN we may see lower low
GOOD LUCK
As the price broke above the downtrend and retested with a HummeAs the price broke above the downtrend and retested with a Hummer candle
